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Over 60 per cent of area condos owned by real estate investors

Over 60 per cent of area condos owned by real estate investors

by Third Party | Feb 14, 2023 | International Real Estate News, News/Current Events

Source: Windsor Star —  Condominiums are the preferred choice of real estate investors in the Windsor area with 62.5 per cent of those residences being owned for revenue-generating purposes by individuals not living in them. The Statistics Canada study released...
Mortgage Calculator: Calculate Your Home Loan Repayments

Mortgage Calculator: Calculate Your Home Loan Repayments

by Third Party | Feb 14, 2023 | International Real Estate News, Real Estate Agent Tools

Source: Forbes —  A mortgage is a necessary part of buying a home for many Australians, but it can be difficult to understand what you can actually afford. However, with home loan interest rates on the march, and the RBA indicating that rates are likely to keep...
Chinese property brokers despair as homebuyers sit on sidelines

Chinese property brokers despair as homebuyers sit on sidelines

by Third Party | Feb 13, 2023 | International Real Estate News, News/Current Events

Source: Financial Times —  Since the end of China’s zero-Covid policy late last year, property broker Wu Hong is so busy chasing new leads that she no longer has time to sit around playing cards with her colleagues. “Now I spend so much time talking to clients...
Cost of living: My mortgage deal is ending – what are my options?

Cost of living: My mortgage deal is ending – what are my options?

by Third Party | Feb 13, 2023 | International Real Estate News, Real Estate Agent Tools

Source: BBC News —  Almost two million households will see fixed-rate mortgage deals end this year, with most facing the prospect of higher monthly payments. What options do borrowers have? What’s happening to mortgage rates? About 20% of residential...
Mortgage advice that you should think twice about following

Mortgage advice that you should think twice about following

by Third Party | Feb 13, 2023 | International Real Estate News, Mortgage Information, Real Estate Agent Tools

Source: Mortgage Introducer —  Social media has given a platform for a lot of people claiming or making it appear that they are ‘experts’ on certain subjects, including mortgages. People can watch them anytime and anywhere, so the potential to reach a lot of...
Why growth of reverse mortgages is surging despite rapid rise in interest rates

Why growth of reverse mortgages is surging despite rapid rise in interest rates

by Third Party | Feb 13, 2023 | International Real Estate News, Mortgage Information

Source: The Globe and Mail —  Reverse mortgages have always been a controversial financial product, but that hasn’t stopped their expansion in Canada or from becoming a growing source of interest among advisors as a potential recommendation for certain clients....
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